Geoff McKenzie, head of pensions at the Vodafone Group, said: “Vodafone is committed to providing long-term, sustainable pension plans, and the Pension Quality Mark further underlines the quality of our offering for current and prospective employees.

“Our company pension scheme remains a vital component in our benefits package to retain and attract the very best people.”

Joanne Segars, chief executive of the National Association of Pension Funds (NAPF), added: “The PQM has been given to 100 employers for the pensions they offer to their staff. The awardees include small and medium-size firms, as well as FTSE 100 companies.

“We are encouraged by the result as it shows that employers across the board increasingly understand the importance of giving their employees good quality pensions.

“The UK is undersaving for retirement but the continued growth of the PQM is a cause for optimism. The more employers and staff that recognise the importance of a quality pension, the better our chances of tackling our pension savings crisis.

“So congratulations to Vodafone and other PQM holders, and we encourage other employers to follow suit by applying for this important recognition.”